Current investor optimism in equities has been driven largely due to enthusiasm surrounding artificial intelligence, which has created a concentrated market, according to Goldman Sachs. However, while earnings have broadly been strong, cyclical sectors of the market have not yet revised upward. "Over ...
What is moving the Stock Market Today? Get updates on top gainers, and the current market trends.
"Clearly, interest rates are the key driver of this stock market, and the activity today makes sense because PPI was very, very cool, as we had expected," said Jay Hatfield, founder and CEO of Infrastructure Capital Advisors. "Today, rates are a little bit higher not because of PPI but ...
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The stock market slide to start the second quarter may have been foreshadowed by weak demand last week. Bank of America clients were net sellers of U.S. equities last week, according to a note from strategist Jill Carey Hall. "Excluding corp. clients – where flows are always positive (bu...
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In the mean time, the market has been rallying. But even though theS&P 500hit another all-time high on Friday, Suttmeler said the broader market is showing "pesky bearish divergences," with only 34% of NYSE stocks rising on the day. This kind of market breadth is a risk for market ...
Market correction ahead in the coming months, says Piper Sandler Piper Sandler is raising concerns of a market correction in the coming months, warning that now is a time when "fools rush in" to the market. Despite Thursday's rotation into interest rate-sensitive sectors such as regional banks...
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